You are on page 1of 8

• 2,3,4 slides-saranya

• 5,6- ask ahmed to do


• 6,7- lakshi
Legal contributions
• Clean Air Act (CAA)

• Clean Water Act (CWA)

• Oil Pollution Act (OPA)

• Pollution Prevention Act (PPA)

• Toxic Substances Control Act (TSCA)


THE RELATIONSHIP BETWEEN
BUSINESS AND THE
ENVIRONMENT
• Environmental responsibility is a vital component of a
business strategy as it not only helps the environment, but
it wins the trust of communities and gains the respect of
the governments of the countries in which the business
operates.

• However, balancing business growth and environmental


quality is always going to be a challenge for business.

• Supermarkets have realized that they must compete on


their environmental ethical credentials as well as price,
availability, accessibility, etc.,
GLOBAL ENVIRONMENTAL
PROBLEMS
• Increased pollution of the air and water

• Climate change and global warming

• Diminishing natural resources

• Loss of forest cover


APPLYING ETHICAL THEORIES TO
THE ENVIRONMENT
• Kantian ethics

• Virtue ethics
APPLYING ETHICAL
THEORIES TO BUSINESES
• Utilitarianism

• Kantian ethics

• Virtue Ethics
BENEFITS OF ETHICS FOR
BUSINESS
One of the main benefits for a business of behaving
ethically is that a better image is given to the world at
large, and especially to consumers, resulting in greater
profit.

It also means that expensive and potentially embarrassing


public relation disasters are avoided

As far as employees are concerned, if the business is seen


to behave ethically.
PROBLEMS OF ETHICS FOR
BUSINESS
• Being ethical can increase costs for the business, e.g. they
have to pay reasonable wages to all employees.

• However, businesses are products of the society in which


they operate, and if society does not always have clear
standards it is not always easy for a business to decide
what to do.

• Ultimately to really be ethical a business may have to


change its whole business practice and organizational
culture.

You might also like